Summerset Group Holdings (NZSE:SUM) Tax Rate % : -3.02% (As of Dec. 2023)

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What is Summerset Group Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Summerset Group Holdings's Tax Expense for the six months ended in Dec. 2023 was NZ$-8.9 Mil. Summerset Group Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was NZ$294.4 Mil. Therefore, Summerset Group Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was -3.02%.

Summerset Group Holdings Tax Rate % Historical Data

The historical data trend for Summerset Group Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Summerset Group Holdings Tax Rate % Chart

Summerset Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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-0.98

-4.08

-1.49

-3.28

Summerset Group Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Tax Rate %	Get a 7-Day Free Trial															-0.66	0.21	-3.25	-3.87	-3.02

Summerset Group Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Summerset Group Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	-13.839	/	422.48
	=	-3.28 %

Summerset Group Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	-8.886	/	294.372
	=	-3.02 %

Summerset Group Holdings Tax Rate % Related Terms

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Summerset Group Holdings (NZSE:SUM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Summerset Group Holdings Ltd (NZSE:SUM) » Definitions » Tax Rate %

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SNZ:Australia

Address

100 Willis Street, Level 27, Majestic Centre, Wellington, NZL, 6011

Website

https://www.summerset.co.nz

Summerset Group Holdings Ltd operates retirement villages in New Zealand. The company receives a majority of its revenue from the New Zealand Ministry of Health, which subsidizes fees for eligible aged-care residents. Its revenue is primarily derived from care fees and village services income. Summerset provides a range of care for its residents, including in-home care and 24-hour medical-care centers. In addition to its independent-living villas and apartments, Summerset offers supported-living residences, which include assistance with daily activities like shopping and housekeeping.